Bonterra Energy Corp T.BNE

Alternate Symbol(s): BNEFF

Energy Oil & Gas E&P

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.

TSX:BNE - Post by User

Bonterra Energy Corp > Cue the drama queens

<< Previous

Bullboard Posts

Next >>

Comment by AliNaimion Mar 10, 2021 12:44pm

110 Views

Post# 32763478

RE: Cue the drama queens

Good points blackdog!

If OBE/BNE deal were to go through (which looks highly unlikely) think a rotation out of BNE would occur as combined entity lacks color and appears to be a nebulous proposition to investors.

Any manipulation of OBE stock price perceived or otherwise would end and I would anticipate downward movement in the share price of OBE subsequently. Between the lines you can read this fear in the words of pro-merger OBE proponents.

Standalone BNE would re-rate higher based on $3 CF per share and $30 million in FCF towards $6 a share.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China